Tag: reit
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RLC to boost REIT unit with P33.9-B asset infusion
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GOKONGWEI-LED Robinsons Land Corp. (RLC) will infuse 13 commercial assets into its real estate investment trust (REIT) unit in exchange for P33.9 billion worth of primary common shares under a property-for-share swap deal.
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Filinvest REIT eyes acquisitions to bolster portfolio
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THE GOTIANUN family’s Filinvest REIT Corp. on Wednesday announced plans for potential property acquisitions. “Our sponsor, Filinvest Land, Inc. (FLI) alone, has about 532,000 square meters (sq.m.) of office and retail gross leasable area (GLA) in key central business districts that are potential acquisitions for Filinvest REIT in the near…